Interfront 2023 Annual Report

52 INTERFRONT ANNUAL REPORT 2023 Internal Audit Interfront contracts the services of the SARS Internal Audit unit. The assurance services provided by Internal Audit entail an objective examination of evidence to provide an independent assessment of governance, risk management and the control environment at Interfront. Internal Audit encompasses the examination and evaluation of the adequacy and effectiveness of Interfront’s system of internal control and the quality of performance in carrying out assigned responsibilities. The Internal Audit unit of SARS reviews Interfront’s controls and provides an opinion on their adequacy and/or effectiveness. Audit and Risk Committee Interfront’s financial statements, control environment and risk management processes are reviewed and monitored by the Audit and Risk Committee. The Report of the SARS/Interfront Audit and Risk Committee can be found in section 13 below. Audit and Risk Committee Members Serving During the 2022/2023 Financial Year NAME QUALIFICATIONS INTERNAL OR EXTERNAL DATE APPOINTED DATE RESIGNED NO. OF MEETINGS ATTENDED MS DORIS DONDUR DESIGNATIONS: Chartered Accountant (SA) Chartered Director (SA) QUALIFICATIONS: BAcc (Stellenbosch University) BCompt (Hons) (Unisa) Global International Executive Development Programme (University of the Witwatersrand and London Business School) International Executive Development Programme (University of Reno) BAdmin (Hons) (Stellenbosch Business School) MBA (Stellenbosch Business School) Postgraduate Certificate in Labour Relations (Unisa) (Cum Laude) External 2 August 2018 Active 5/6 MR THABISO RAMASIKE DESIGNATION: CAIB (SA) – (Institute of Bankers of SA) QUALIFICATIONS: BCom (University of Johannesburg) Senior Executive Development Programme (GIBS) Global International Executive Development Programme (University of Toronto and York University, Canada) External 14 July 2016 Active 6/6 MR BAREND PETERSEN DESIGNATION: Chartered Accountant (SA) QUALIFICATIONS: BCompt (Hons) (Unisa) External 20 September 2021 Active 5/6 MS CARMEN CARY-ANNE MPELWANE DESIGNATION: Chartered Accountant (SA) CFA Charter-Holder QUALIFICATIONS: Postgraduate Diploma in Accounting (University of Cape Town) Bachelor of Business Science (Finance Hons) (University of Cape Town) External 24 February 2022 Active 6/6